That's just down ramping slogger...... The amount of shares that have been issued has diluted the existing shareholding by about .007% In other words if you owned 1,000,000 shares you would have to buy another 70 to keep the same percentage or $1.61 worth of shares.
One thing EVERYONE needs to keep in mind is that these guy are on PERFORMANCE based incentives which are very aligned with shareholder interests. If the directors reach their next two performance based levels the last thing you'll have to be doing is worrying about another .007% dilution as your shares will be 20 cents each
Cheers RB
CZL Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held